Common use of Third Party Reliance Clause in Contracts

Third Party Reliance. Any Person dealing with the LLC, other than a Unitholder, may rely on the authority of any Officer in taking any action in the name of the LLC without inquiry into the provisions of this Agreement or compliance herewith, regardless of whether that action actually is taken in accordance with the provisions of this Agreement.

Appears in 13 contracts

Samples: Limited Liability Company Agreement (Providence Service Corp), Limited Liability Company Agreement (Providence Service Corp), Limited Liability Company Agreement (Emmis Communications Corp)

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Third Party Reliance. Any Consistent with Section 5.2(h), any Person dealing with the LLC, other than a UnitholderMember, may rely on the authority of any Officer in taking any action in the name of the LLC without inquiry into the provisions of this Agreement or compliance herewith, regardless of whether that action actually is taken in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Agreement (St Renatus LLC)

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